Two UK-based investment advisory and management firms have merged to accelerate investment in large-scale nature restoration projects across the Global South, they said on Tuesday.

Day one of the Bonn intersessional (SB64) UN climate summit saw parties avoid major disputes over the agenda and resist the urge to reopen old negotiations, refocusing on implementation – though the COP31 co-presidents appeared to skate around transition away from fossil fuels.

The past month in climate litigation highlighted a widening divide between international and domestic climate law, as the former increasingly affirms that governments have an obligation to address climate change, while the latter are moving in the opposite direction, restricting avenues for relief against fossil fuel producers and high-emitting industries.

Premiums for insuring the carbon market could reach at least $1.8 billion by 2030 and up to $30 bln by 2050, claims a report.

Dimming the sun could soon move from theoretical science into mainstream political debate as the world seeks to combat the expected overshooting of the Paris Agreement's 1.5C warming goal – but the risks of rollout remain significant due to unintended consequences or misuse of the technology, experts say.

CORSIA futures stabilised after months of price declines, with benchmark contracts on ICE holding around the $10 per tonne mark last week as selling pressure appears to be easing, as participants appeared to have found on a floor amid demand uncertainty.

Urban DAC - Japanese climate tech firm Carbon Xtract announced last week it has installed a trial version of its small, distributed DAC device at Shimizu Corporation’s Novare innovation hub in Tokyo, in collaboration with Shimizu and Sojitz. The demonstration, which began in autumn 2025 and is scheduled to run until the end of fiscal 2028, is testing whether CO2 can be separated from indoor air and reused on site, including in a plant cultivation unit inside the facility. The DAC device is designed for distributed deployment in buildings, railway stations, commercial facilities, and other urban spaces, rather than large-scale DAC plants.

The three UN negotiating blocs comprising mostly wealthy countries are collectively on track to fall short of their emission reduction pledges in the next decade, with emissions set to exceed the 2035 targets by nearly 20%, according to a study published on Monday.

Countries are relying too heavily on bioenergy to reduce carbon emissions in their national Paris Agreement pledges, which spells bad news for forests and climate as huge swathes of land are eaten up for growing biomass, according to environmental and social justice groups.

India needs to add agriculture to its list of Article 6.2‑eligible activities, to tap into the country’s carbon credit potential and enter international compliance markets, a study found.

At least four countries seeking to participate in carbon markets under Article 6.2 of the Paris Agreement have significant gaps in their governance, authorisation, and tracking systems, according to recent UN technical reviews.

Indian steelmakers with higher CO2 emissions are losing market share in the EU under the bloc's Carbon Border Adjustment Mechanism (CBAM), while cleaner producers have largely maintained their position, according to new research that showed the mechanism already appears to be working.

Airlines may need an easier climate target because “hope was fading fast” of meeting the net zero 2050 goal, an industry body has warned.

An Indonesian palm oil company plans to present a biochar pilot this week that aims to convert palm biomass residues into carbon removals.

Korean offsets – South Korea has approved 20 new external reduction projects expected to cut 73,433 tonnes of CO2e annually, while certifying 329,306 credits from 13 existing projects for potential use in the country’s ETS, the country's climate ministry said last week. The newly approved projects include heat pumps for agricultural greenhouses, solar power facilities in buildings and public facilities, fuel conversion, vegetation restoration, sulphur hexafluoride recovery, high-efficiency compressor replacement, and biomass fuel use.

Goals - Myanmar's President Min Aung Hlaing called for greater focus on renewable energy, forest conservation, climate-resilient agriculture, improved cookstoves, solar-powered rural electrification, and electric vehicles as part of the country's efforts to reduce emissions and implement its Paris Agreement commitments, according to state media. He said Myanmar plans to plant more than 21 mln trees across roughly 12,000 ha in 2026 and continue annual mangrove restoration programmes through 2030. The president said over 269.8 mln trees had been planted between 2016-25, while more than 64,000 ha of plantations were established during 2021-25. He also said protected forests and natural areas account for about 50% of the country's land area.

Above the clouds - Giant trees in the mountains of Taiwan could be vital, overlooked carbon sinks, but they face the risk of extinction within the next two centuries, Taipei Times reported, citing the latest findings. A group of arborists, spatial scientists, geologists, and mountaineers has discovered the tallest tree on the island, which is also the tallest recorded in East Asia. Old-growth forests of giant trees are mostly found in Taiwan’s deepest and most forbidding mountain ranges, which are difficult to survey, according to the team, which has also found alarming signs regarding the survival of Taiwan’s ancient trees.

Transparency - Japan's environment ministry has signed a letter of intent with the Philippine Department of Environment and Natural Resources (DENR) and the Securities and Exchange Commission (SEC) to cooperate on the calculation and reporting of corporate GHG emissions. The regulators aim to reduce the burden on companies by linking the calculation of corporate GHG emissions with non-financial data disclosure.

Fiji’s Ministry of Finance has ended the country’s participation in the World Bank‑backed Forest Carbon Partnership Facility (FCPF) Carbon Fund Emission Reductions Program (ERP), after failing to meet key requirements, a World Bank report said.

The prolonged energy crisis stemming from the Middle East conflict is driving a significant near-term surge in thermal coal demand across the Asia-Pacific region, according to a new report.

UN observers anticipate that already-agreed initiatives, or ones conceived in parallel to formal COP negotiations, will shape the SB64 climate talks in Bonn this week and next – and that forward momentum on these fronts could itself be a determinant of the summit’s success.

Indonesia’s Ministry of Environment and its Environmental Control Agency (KLH/BPLH) are drafting a climate justice law to ensure carbon trading benefits reach Indigenous peoples, local communities, and villages, rather than remaining concentrated among businesses, local media reported.

Power balance- Bangladesh’s Centre for Policy Dialogue (CPD) on Sunday called for a comprehensive green fiscal policy to ease the energy crisis, saying current measures unfairly favour fossil fuels. At a Dhaka briefing, CPD research director Khondaker Golam Moazzem unveiled a study highlighting fiscal discrimination between fossil and renewable energy, urging reforms to accelerate the country’s transition to clean power.

Private holdings of New Zealand allowances fell by some 25.4 million following the May 31 surrender deadline, according to government data published Monday.